First Publication Date: 1st February 2010.
Abraham Lincoln said, "Patents add fuel to the fire of genius". The role of the patent system is to encourage inventors by providing them incentives to give life to their ideas. As Lincoln rightly stated, the patent system provides the necessary encouragement to an inventive mind rather than creating one through its incentive system. The nature of the role played by the patent system in setting inventive minds in motion has been the subject of…
